Can I retire at age 52 with 947,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $947,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$78,202$77,506$76,826$76,163$75,515$74,448
2 years$38,714$37,993$37,294$36,617$35,960$34,887
3 years$25,553$24,829$24,132$23,461$22,814$21,769
4 years$18,974$18,252$17,562$16,902$16,271$15,261
5 years$15,027$14,310$13,629$12,982$12,369$11,398
6 years$12,397$11,685$11,014$10,382$9,787$8,855
7 years$10,519$9,813$9,153$8,536$7,960$7,068
8 years$9,111$8,412$7,762$7,160$6,603$5,751
9 years$8,017$7,324$6,686$6,099$5,561$4,748
10 years$7,142$6,456$5,829$5,257$4,738$3,964
11 years$6,427$5,747$5,131$4,576$4,075$3,339
12 years$5,831$5,158$4,554$4,013$3,531$2,832
13 years$5,327$4,661$4,069$3,543$3,079$2,417
14 years$4,896$4,237$3,656$3,145$2,699$2,072
15 years$4,522$3,871$3,301$2,805$2,377$1,783
16 years$4,196$3,551$2,993$2,512$2,101$1,540
17 years$3,908$3,271$2,723$2,257$1,863$1,334
18 years$3,652$3,022$2,486$2,034$1,656$1,158
19 years$3,424$2,801$2,276$1,838$1,476$1,007
20 years$3,219$2,603$2,088$1,664$1,318$878
21 years$3,033$2,424$1,921$1,510$1,180$766
22 years$2,865$2,263$1,771$1,373$1,058$669
23 years$2,711$2,117$1,635$1,251$949$586
24 years$2,571$1,983$1,512$1,141$853$513
25 years$2,442$1,861$1,400$1,042$768$450
26 years$2,323$1,749$1,299$953$692$394
27 years$2,213$1,646$1,206$872$624$346
28 years$2,111$1,551$1,121$799$563$304
29 years$2,016$1,463$1,043$733$508$267
30 years$1,928$1,382$972$672$459$235
31 years$1,845$1,306$906$617$415$206
32 years$1,768$1,236$845$567$375$182
33 years$1,696$1,171$789$522$340$160
34 years$1,628$1,109$737$480$308$141
35 years$1,564$1,052$689$442$279$124
36 years$1,504$999$645$407$252$109
37 years$1,447$949$604$375$229$96
38 years$1,394$902$565$346$207$85
39 years$1,343$857$530$319$188$75
40 years$1,295$816$496$294$171$66
41 years$1,249$776$465$271$155$58
42 years$1,206$739$437$250$140$51
43 years$1,164$705$410$231$127$45
44 years$1,125$672$385$213$116$40
45 years$1,088$640$361$197$105$35
46 years$1,052$611$339$182$95$31
47 years$1,018$583$319$168$87$27
48 years$985$557$299$155$79$24
49 years$954$531$281$144$71$21
50 years$925$508$265$133$65$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $947,000, adding $2,928 every year, while hoping to spend $40,263 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 69/6/25 Blend
51$947,000$947,000$947,000$947,000
52$1,046,614$996,423$981,745$1,111,951
53$1,110,529$1,002,408$971,794$1,162,103
54$1,179,614$1,007,337$960,160$1,212,048
55$1,254,354$1,011,116$946,744$1,265,764
56$1,335,282$1,013,644$931,443$1,323,623
57$1,422,983$1,014,815$914,149$1,386,035
58$1,518,101$1,014,515$894,748$1,453,455
59$1,621,346$1,012,625$873,120$1,526,382
60$1,733,497$1,009,017$849,143$1,605,370
61$1,855,411$1,003,556$822,686$1,691,028
62$1,988,030$996,097$793,614$1,784,029
63$2,132,392$986,490$761,783$1,885,116
64$2,289,639$974,571$727,046$1,995,108
65$2,461,027$960,170$689,247$2,114,911
66$2,647,939$943,105$648,224$2,245,522
67$2,851,897$923,185$603,807$2,388,042
68$3,074,575$900,206$555,819$2,543,687
69$3,317,817$873,952$504,075$2,713,797
70$3,583,654$844,194$448,381$2,899,852
71$3,874,320$810,693$388,534$3,103,484
72$4,192,275$773,191$324,325$3,326,493
73$4,540,229$731,420$255,532$3,570,865
74$4,921,165$685,092$181,925$3,838,793
75$5,338,368$633,906$103,264$4,132,691
76$5,795,457$577,542$19,298$4,455,228
77$6,296,414$515,663$0$4,809,343
78$6,845,628$447,911$0$5,217,036
79$7,447,933$373,908$0$5,669,840
80$8,108,649$293,257$0$6,166,626
81$8,833,642$205,537$0$6,711,824
82$9,629,367$110,303$0$7,310,315
83$10,502,940$7,084$0$7,967,480
84$11,462,195$0$0$8,689,244
85$12,515,765$0$0$9,489,044
86$13,673,158$0$0$10,368,230
87$14,944,851$0$0$11,334,300
88$16,342,382$0$0$12,396,026
89$17,878,466$0$0$13,563,077
90$19,567,110$0$0$14,846,100
91$21,423,743$0$0$16,256,828
92$23,465,368$0$0$17,808,188
93$25,710,716$0$0$19,514,421
94$28,180,423$0$0$21,391,219
95$30,897,227$0$0$23,455,870
96$33,886,182$0$0$25,727,421
97$37,174,888$0$0$28,226,861
98$40,793,761$0$0$30,977,314
99$44,776,311$0$0$34,004,260
100$49,159,460$0$0$37,335,772